FPT expands strategic partnerships in Thailand

In terms of talent development, FPT also signed strategic partnership agreements with two of Thailand’s leading institutions in education and science and technology, Khon Kaen University and King Mongkut's University of Technology.

The signing was made on the sidelines of the Vietnam - Thailand Business Forum 2025, with both countries’ prime ministers and delegations in attendance.

The partnership signing took place during the official visit of Thailand’s Prime Minister Paetongtarn Shinawatra, which was her first official visit to Vietnam since taking office in August 2024.

Accordingly, FPT will support Sunline, a core banking solutions and services provider, in system integration competencies across digital banking, digital lending, and core banking, drawing on more than two decades of experience delivering technology services and solutions to global banks, insurers, and financial institutions.

FPT will help Sunline scale up the delivery capabilities of its digital core banking transformation solution SunCBS to meet increasing market demands, especially as Thailand accelerates its shift towards a virtual banking future. Both sides aim to drive digital transformation for Thai financial institutions to improve customer experience, modernise legacy systems, and achieve operational resilience amid the country’s rapidly evolving banking landscape.

FPT Thailand and FPT Taiwan CEO Levi Nguyen (fourth from left) and Sunline Group CEO Jameson Li (fourth from right). Photo: FPT

In the partnership with Buzzebees, Thailand’s leading loyalty and digital engagement platform company, FPT and Buzzebees will deliver comprehensive, consumer-focused digital solutions to facilitate customer data exchange and cross-merchant loyalty programmes for businesses, particularly in the fast-moving consumer goods, retail, financial, and telecommunications sectors. Both sides will join forces to enhance customer engagement, modernise legacy systems, and boost operational efficiency. The partnership's initial projects are expected to deliver tangible business results to clients within this year.

In education, FPT University and King Mongkut's University of Technology signed an MoU to implement joint training programmes and student exchange initiatives in AI, robotics, and automotive automation. Additionally, FPT University and Khon Kaen University will develop a semiconductor workforce training course for Thailand. This collaboration is part of the Thai government’s Semiconductor Sandbox initiative, led by the Ministry of Higher Education, Science, Research, and Innovation (MHESI).

Representatives of FPT and partner enterprises exchanged the MoU in the presence of the prime ministers of Vietnam and Thailand. Photo: FPT

“Our future is digital, and businesses must embrace innovative solutions to stay ahead. Thailand is a dynamic market where consumers are actively experiencing new initiatives every day. The partnership between FPT and Sunline will empower businesses with enhanced speed, quality, and scalability. Through the strategic partnerships with Sunline and Buzzebees, FPT aims to accelerate digital transformation for more enterprises across various sectors, such as banking, finance, FMCG, and retail. Combining FPT’s technological expertise with our partners’ core competencies, we will empower businesses with enhanced speed, quality, and scalability. This will provide a strong foundation for building future-ready, customer-centric business models”, said Levi Nguyen, CEO of FPT Thailand and FPT Taiwan, FPT Corporation.

The strategic partnership signing between FPT and Sunline took place on the sidelines of Vietnam-Thailand Business Forum 2025. Photo: FPT

Thailand is among FPT’s key markets in Asia-Pacific. The company has established its position as a trusted digital transformation partner for Thailand’s leading enterprises, particularly in banking and finance, with renowned names like KBTG, SCB, KKP, TTB, Bangkok Bank, and other sectors including insurance, retail, automotive, manufacturing, healthcare, energy and utilities, consumer goods, and aviation. FPT currently boasts hundreds of local employees serving the Thai market, with a plan to double its workforce by 2027.

As part of the Thai prime minister’s official visit to Vietnam this May, FPT executive vice president Pham Minh Tuan participated in a one-on-one meeting with the prime minister and the Thai government delegation, during which the company reaffirmed its long-term commitment to forging potential tech collaboration across several industries, contributing high-quality technology talent, and providing comprehensive solutions for digital transformation.

As a co-founder of the Vietnam-Thailand Chamber of Commerce, FPT also plays an active role in strengthening bilateral cooperation. The company recently worked with the Thailand Board of Investment in Hanoi to promote trade and investment, as well as support Thailand with high-quality technology talents to meet the rising demand for digital transformation.

Sumitomo Corporation and SBI Holdings acquire stakes in FPT's AI Japan facility Sumitomo Corporation and SBI Holdings will each invest 20 per cent in FPT Smart Cloud Japan, a subsidiary of FPT Corporation.

PE firm Creador takes 13 per cent stake in FPT Long Chau Private equity firm Creador announced the acquisition of a minority interest in FPT Long Chau Investment JSC on April 25 without disclosing deal value.

FPT acquires German IT consulting company FPT announced on May 5 the full acquisition of David Lamm Consulting, a highly experienced German IT consulting company for the energy sector.